market development

market development
/ˌmɑ:kɪt dɪ'veləpmənt/ noun
a strategy involving the search for and exploitation of new markets for a product
Market development for our tractors is part of the company’s growth strategy.

Marketing dictionary in english. 2015.

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  • development — de‧vel‧op‧ment [dɪˈveləpmənt] noun 1. [uncountable] the growth or improvement of something, so that it becomes bigger or more advanced: • promises of economic development and thousands of new jobs • development of the hand held dictionary market… …   Financial and business terms

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